Harlem Capital Partners, which launched in June 2018 and supports minority- and women-run companies, is now backed by TPG Global—a firm with $108B in assets. Over the next 20 years, Harlem Capital plans to invest in 1,000 companies with women and/or minorities at the helm. This mission-driven firm aligns with top-tier private equity and venture capital investors to support young businesses that often need it most. Minority and women entrepreneurs receive as low as 3 percent of investment cash for startups. Harlem Capital hopes to change the face of entrepreneurship by changing the faces breaking into the space.
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Harlem Capital Plans to Invest in 1000 Women and Minority-led Companies
Investing in women and people of color has paid off big time for one venture capital fund.